The Resolution of 17 February 1995, of the General Intervention of the State Administration, approving the transitional adaptation of the General Plan of Public Accounting to the General Administration of the State and regulates the operation to be followed for the opening of the accounts to 1 January 1995, does not include any specific account to collect the capital contributions made by the General Administration of the State to the public bodies of the State dependent. These contributions shall be considered as expenditure when they are made to public bodies with administrative activities, which must be regarded as financial assets when they are made to public bodies whose activity consists of the production of goods and services intended for sale and thus susceptible to economic consideration.

Moving this criterion of imputation as an expense or investment of the aforementioned capital contributions to the current classification of the Institutional Administration of the State, established in Law 6/1997, of April 14, Organization and functioning of the General Administration of the State (LOFAGE), the following distinction is made:

1. They will have the consideration of spending of the exercise those capital contributions that the General Administration of the State will make to the public agencies that carry out fundamentally administrative activities, that is, to those entities that the LOFAGE called "Autonomous Bodies".

2. However, the contributions made by the General Administration of the State to provide own resources to public bodies carrying out activities for the provision of services or for the production of goods that are susceptible to consideration In other words, to the public bodies that the LOFAGE itself, called "Business Public Entities", must have the consideration of permanent financial investments.

Therefore, the contributions made by the General Administration of the State to the business public entities should be included in the "Permanent Financial Investments" subgroup 25 of the aforementioned adaptation.

For this reason, it is necessary to change the name of account 250 "Permanent financial investments in capital", as well as its definition, so that long-term investments in both rights are included in the account. on capital of undertakings, as in the assets of public undertakings and the other public entities with specific legislation carrying out the activities of the provision of services or the production of goods liable to economic consideration.

Also, the name of the accounts 297 "Provision for depreciation of long-term marketable securities", 696 "Endowment for the provision for long-term marketable securities" and 796 " Excess of provision for long-term marketable securities " in such a way that the valuation corrections for reversible losses in the capital contributions to business public entities are also recorded through the same.

For the above and based on the competencies attributed to the General Intervention of the State in Article 125 of the Recast Text of the General Budget Law, I resolve:

First. The account of 250 "permanent financial investments in capital", of the adaptation to the General Administration of the General Plan of Public Accounting, is renamed 250 " Permanent financial investments in capital and equity ".

Second. -The following sub-accounts of the account 250 "Permanent financial investments in capital and equity" are created, from the adaptation to the General Administration of the General Plan of Public Accounting.

2,502: " Permanent financial investments in equity. Business public entities ".

2,503: " Permanent financial investments in equity. Business public entities with specific legislation ".

Third. -Accounts 297: "Provision for depreciation of long-term marketable securities"; 696, "Endowment for the provision of long-term marketable securities", and 796 "Provision of provision for long-term marketable securities", of the adaptation to the General Administration of the General Plan of Public Accounting, they are renamed respectively:

297: "Provision for depreciation of marketable securities and long-term equity interests."

696: "Provision for provision for marketable securities and long-term equity interests."

796: "Provision for marketable securities and long-term equity interests".

Fourth. This Resolution shall apply to the annual accounts that are held on the basis of the entry into force of this Resolution, and therefore the permanent financial investments in the assets of the public entities business and other business public entities subject to specific legislation, which at the date of entry into force of this Resolution are registered in other sub-accounts of the account 250 " Permanent financial investments in capital " shall be reclassified to the sub-account corresponding to those approved in the second subparagraph.

Madrid, March 6, 1998. -Interventor General, Rafael Muñoz López-Carmona.